Fundamentals of Power System Economics
by Daniel S. Kirschen, Goran Strbac
Explores the economic foundations of electricity markets, covering pricing, regulation, investment, and the integration of renewables in modern power systems.
About This Book
Fundamentals of Power System Economics presents the core economic concepts relevant to electricity markets and power system operation.
The text examines how market mechanisms, pricing, and regulation shape the generation, transmission, and distribution of electrical energy.
Readers gain insight into cost analysis, investment decisions, and the economic implications of integrating renewable resources into power grids.
The book is designed for students, engineers, and professionals seeking a clear understanding of the financial and operational aspects of power systems.
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